$500,000 for Sale
5900 seminole street, detroit, MI 48213
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Property Description
LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5900 SEMINOLE NESTLED ON A 3,484 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEWLY INSTALLED FURNACE’S AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 OF 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 2,370 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THE OTHER 2 UNITS ARE WAITING 4 SECTION 8 INSPECTION.TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 % THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
General Information
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: stephens elm pk (plats)
Acres: 0.08
Lot Dimensions: 30.00 x 110.00
Bedrooms:8
Bathrooms:4 (4 full, 0 half)
House Size: 3,600 sq.ft.
Acreage: 0.08 est.
Year Built: 1923
Property Type: Single Family
Style: Other
Features & Room Sizes
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Hot Water
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Basement Description: Unfinished
Foundation : Basement
Heating: Hot Water
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $3,104
Est. Winter Taxes: $338
Est. Summer Taxes: $3,104
Est. Winter Taxes: $338
HOA fees: 0
Legal Description: E SEMINOLE 22 BLK 12 STEPHENS ELM PARK SUB L19 P12 PLATS, W C R 17/125 30 X 110
Legal Description: E SEMINOLE 22 BLK 12 STEPHENS ELM PARK SUB L19 P12 PLATS, W C R 17/125 30 X 110
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Marta Kopania of 1st Michigan Real Estate, Phone:
(248) 249-3939
Call Lisa Ryan for more information about this property.
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Listings Presented by:
Lisa Ryan
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This Single-Family Home located at
is currently for sale. This property is listed for $500,000.
5900 seminole street
has 8 bedrooms, approximately 3,600 square feet.
This home is in the detroit school district and has a lot size of 30.00 x 110.00 with 0.08 acres and was built in 1923.
5900 seminole street is in detroit and in ZIP Code 48213 area.
5900 seminole street, detroit MI, 48213
For Sale | $500,000
| 8 Bed, 4 Bath | 3,600 Sq Ft
MLS ID rcomi20240070474
If you have any question about this property or any others, please don't hesitate to contact me.
